Black Stone Minerals (BSM) EBT Margin (2014 - 2026)
Black Stone Minerals' (BSM) quarterly EBT Margin came in at 71.36% in Q2 2026, down 392.0% year-over-year from 24.44% in Q2 2025, and up 564.55% quarter-over-quarter from 10.74% in Q1 2026.
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Analysis
Black Stone Minerals (BSM) EBT Margin (2014 - 2026) Analysis & Trends
Black Stone Minerals (BSM) has reported EBT Margin for 13 consecutive years, with 71.36% the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBT Margin fell 392.0% year-over-year to 71.36% in Q2 2026; TTM through Jun 2026 was 54.08%, a 106.0% decrease from a year earlier, with the FY2025 full-year figure at 63.78%, up 196.0% from the prior year.
- EBT Margin was 71.36% for Q2 2026 at Black Stone Minerals, up from 10.74% in the prior quarter.
- Over five years, EBT Margin peaked at 91.97% in Q4 2022 and troughed at 4.45% in Q1 2022.
- A 5-year average of 57.23% and a median of 65.25% in 2022 frame the typical range for EBT Margin.
- Across the five-year window, EBT Margin surged 8151 bps in 2023 and tumbled 4108 bps in 2025, its largest moves.
- Over 5 years, EBT Margin stood at 91.97% in 2022, then dropped by 16 bps to 77.42% in 2023, then plunged by 33 bps to 52.07% in 2024, then advanced by 17 bps to 60.72% in 2025, then rose by 18 bps to 71.36% in 2026.
- The last three EBT Margin figures came in at 71.36% (Q2 2026), 10.74% (Q1 2026), and 60.72% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Viper Energy | 8.72 Bn | 8.64 Bn | - | 59.53% |
| 2 | Black Stone Minerals | 3.18 Bn | 3.16 Bn | - | 71.36% |
| 3 | Natural Resource Partners | 1.46 Bn | 1.43 Bn | 47.24 Mn | 47.53% |
| 4 | Kimbell Royalty Partners | 1.46 Bn | 1.41 Bn | - | 45.59% |
| 5 | Dorchester Minerals | 1.43 Bn | 1.36 Bn | - | - |
| 6 | Evolution Petroleum | 130.57 Mn | 125.52 Mn | 7.21 Mn | -56.34% |
| 7 | Altex Industries | 1.90 Mn | 1.90 Mn | - | - |
| 8 | Mentor Capital | 827,678.86 | 91,860.86 | 65,595.00 | -308.45% |
| 9 | Leopard Energy | 165,479.20 | 149,827.20 | 1,715.00 | -148.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 71.36% |
| Mar 31, 2026 | 10.74% |
| Dec 31, 2025 | 60.72% |
| Sep 30, 2025 | 69.25% |
| Jun 30, 2025 | 75.28% |
| Mar 31, 2025 | 13.73% |
| Dec 31, 2024 | 52.07% |
| Sep 30, 2024 | 68.77% |
| Jun 30, 2024 | 59.33% |
| Mar 31, 2024 | 54.82% |
| Dec 31, 2023 | 77.42% |
| Sep 30, 2023 | 45.29% |
| Jun 30, 2023 | 67.08% |
| Mar 31, 2023 | 77.07% |
| Dec 31, 2022 | 91.97% |
| Sep 30, 2022 | 76.21% |
| Jun 30, 2022 | 63.41% |
| Mar 31, 2022 | -4.45% |
| Dec 31, 2021 | 83.32% |
| Sep 30, 2021 | 11.76% |